Technical Analysis for BLX - Boralex Inc.

Grade Last Price % Change Price Change
C 29.670 -0.17% -0.050
BLX closed up 0.78 percent on Thursday, May 9, 2024, on 63 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -0.17%
NR7 Range Contraction -0.17%
Earnings Movers Other -0.17%
Inside Day Range Contraction -0.17%
Overbought Stochastic Strength -0.17%
Doji - Bullish? Reversal 0.61%
Earnings Movers Other 0.61%
Overbought Stochastic Strength 0.61%
Bearish Engulfing Bearish 0.24%
Stochastic Sell Signal Bearish 0.24%

   Recent Intraday Alerts

Alert Time
Down 1% about 4 hours ago
Possible Inside Day 1 day ago
Possible NR7 1 day ago
Down 2% 2 days ago
Down 1% 2 days ago

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Profile

Boralex Inc. Description

Boralex Inc. is a power producer that develops, constructs and operates renewable energy power stations. The Company's segments include wind, hydroelectric, thermal and solar. It operates an asset base with a capacity of approximately 1,260 megawatts (MW), of which over 1,090 MW are under its control, consisting of approximately 490 MW in Canada, over 520 MW in France and over 80 MW in the Northeastern United States. It operates approximately 870 MW wind power portfolio of assets in France and Canada. It also owns the rights to portfolio of wind power projects in France. It is also a wind power operator in Canada with an installed capacity of approximately 550 MW in Quebec and Ontario. It owns over two thermal power stations with a total installed capacity of approximately 50 MW, consisting of over 30 MW wood-residue power station in Quebec and approximately 10 MW natural gas cogeneration power station in France. It operates over three solar power facilities in France and in Canada.


Classification

Sector: Utilities
Industry: Utilities - Independent Power Producers
Keywords: Energy Natural Gas Wood Renewable Energy Solar Wind Power Power Producer Solar Power

Is BLX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 39.0537
52 Week Low 25.113
Average Volume 255,121
200-Day Moving Average 30.197
50-Day Moving Average 28.342
20-Day Moving Average 28.001
10-Day Moving Average 28.959
Average True Range 0.810
RSI (14) 63.24
ADX 20.31
+DI 27.954
-DI 20.846
Chandelier Exit (Long, 3 ATRs) 27.989
Chandelier Exit (Short, 3 ATRs) 28.681
Upper Bollinger Bands 30.460
Lower Bollinger Band 25.542
Percent B (%b) 0.85
BandWidth 17.564
MACD Line 0.450
MACD Signal Line 0.155
MACD Histogram 0.2953
Fundamentals Value
Market Cap 3.05 Billion
Num Shares 103 Million
EPS 0.03
Price-to-Earnings (P/E) Ratio 958.71
Price-to-Sales 6.24
Price-to-Book 4.23
PEG Ratio 0.73
Dividend 0.66
Dividend Yield 2.22%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.365
Resistance 3 (R3) 30.313 30.047 30.258
Resistance 2 (R2) 30.047 29.882 30.073 30.222
Resistance 1 (R1) 29.883 29.781 29.965 29.935 30.186
Pivot Point 29.617 29.617 29.658 29.643 29.617
Support 1 (S1) 29.453 29.452 29.535 29.505 29.254
Support 2 (S2) 29.187 29.351 29.213 29.218
Support 3 (S3) 29.023 29.187 29.183
Support 4 (S4) 29.075